@JayJuanGee, Thanks for pointing out my mistake for not being more specific when attempting to predict BTC price. Next time I will mention range with figures.
Let me help you out with that: We're in a good place. Amazing prediction. It is BTC, It can make any high. It always rewards to those who believe in it and hold it with patience.
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If you will base in his supply its almost impossible to be in that price, Cardnao has 35 billion supply which means if be in that price then ghe total market cap of Ada will be more than to bitcoin marcetcap which is the mother of all crypto currency. that is only reason why I think its impossible to break that. For long term maybe if they can continue the progress and bitcoin is much more valuable compare to today's price.
I think supply is not the main issue if we create good use case of any token. Ethereum is a big Example, its supply is un-limited and is being traded above $1200. The reason Investors/traders are Bullish on cardano is because its Main net will be launched in March, 2021 and that is a big event to trigger Huge pump in its price. Its all time high record is around $1 and this year it is likely to be broken with huge margin.
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@JayJuanGee, Thanks for pointing out my mistake for not being more specific when attempting to predict BTC price. Next time I will mention range with figures.
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The true sign of intelligence is not knowledge but imagination.
Albert Einstein
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Time to HODL I guess Friday was strong trading day as Bitcoin gained 8.5%. Today my 4 hr chart is showing sideways movement though RSI is showing upward Trend. Price is likely to remain Range bound.
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taking into account that 500 years is a long time, them slowly dying will take a while. easy another 50 years.
One day, our grand children's grand children will be talking about this thread. Bitcoin celebrates it's 500th birthday. Its very long time and many changes can happen during this time but may be someone found this forum and then this thread for celebrations and found us in very early stage of this bitcoin many crazy things happened here. Diamonds are for ever they never die.
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Few days back I create an account on blockchain.com and deposit some funds here but today as I am trying to login I have this error any one can help me in this case. because I want to withdraw my funds from here but nothing happening I was encountering the same error few days back and thanks God this thread helped me a lot to fix this issue.
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@psycodad, I pray that the Almighty God blesses your wife with fast and full recovery. Don't worry, Keep your faith strong. She will get well soon.
You probably meant philipma1957, luckily my wife was and is Covid-free and kicking. Thanks for correction. Glad to know that your family is covid-19 free. I wish everybody who is suffering, gets well soon.
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@psycodad, I pray that the Almighty God blesses your wife with fast and full recovery. Don't worry, Keep your faith strong. She will get well soon.
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Well the coffee is working... everyone knows what that means right?
Usually when I drink coffee... I get the big dumps not long after BTC dump is over now. It is sideways and accumulation is on above 31K. I should get my coffee as next Bull Run is about to begin.
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I thought this would happen after old Joe took office. Hardly surprising. One of the first things Biden did yesterday was freeze ongoing FinCEN regulation, which includes the self-hosted wallet legislation that was being pushed through by Steve Mnuchin. But since Mnuchin is a Republican everything he does is good and everything Biden does is bad, right? People hating on Biden over bitcoin are dumb. Their one dimensional outlook on politics is long outdated, but they continue to cling to it out of a combination of fear and ignorance. Can't you at least wait until Biden says something like this before jumping to these types of conclusions? Not at all, it was a meme, as in a joke. Along with another poster in the thread here we agreed there would probably be a downturn after Biden took office. I think the excitement of him taking office probably partially boosted interest in investments / stocks, indeed also in Bitcoin over the last few months. People are just taking (what they think is) profit at the moment. Whether that was due to a comforting factor of a return to less hectic politics (but still very much Wall Street supporting approaches) who knows. I totally don't agree with some of Biden's policies but Trump indeed was hardly a saint and I reckon he simply didn't behave presidential enough in a year when it was needed most. It cost him. He took the bait from the main stream media far too often too. The fact he was an outsider was a strength initially but also a weakness especially this last year. His presence as president did highlight how ridiculous hypocritical both sides of the political divide are in the USA. People such as Loeffler stating there is definitely election fraud, the capitol hill thing happens, "oh because of that I am not going to contest the election." That makes zero sense. No integrity. If they did not believe there was election fraud they should never have gone along with Trump and gotten people so worked up / angry. They are all to blame for the carry on in that respect. People such as Schumer comparing the Capitol Hill thing with Pearl Harbour or 9/11 are shameful too. Regardless, I am not going to concern myself too much with these people going forwards. What is the point. I think we may drop a bit more. I'm not too worried. I think we have seen the bottom of the day which was at $29781 on Binance Exchange. The price is moving up a bit. MA9 is crossing over MA21 which is good sign
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Poor again The perks of never have been rich: you cannot get poor again! Well said. If you are holding BTC , it will never make you poor but richer. For sure. As long as BTC stays above 200 DMA, no worries.
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Ah the old fake "double spend" news as well. Classic.
Someone must have wanted to take a large position.
I figure that we're only about 2-3 months out from a major bullish announcement. One of many coming this year.
Most likely we will see a new ATH before the End of 2021. Historically speaking , BTC makes about 30% correction from its all time high before it starts its new journey to make new Highs. BTC may go down to $28,000 before new buying comes in.
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Bhai jub polkadot 7dollars Ka tha aur chainlink 12 Ka to beat mauqa tha buy krne ka .abhi bhi keh rha ho agar abhi buy Kar Sakti ho to buy karlo yeh dono ETH ke sath pump ho ge.or khas Kar polkadot ko buy kro .yeh 50 se 100 dollars touch kree ga or link ko bhi buy karlo
Bhai ap ne Bilkul sahi kha Polkadot bht oper ja sakta ha es ne pichlay 1 saal mein bht progress ki ha or coin marketcap pe #4 Rank ha eska. Ek saal mein eski price takreebun 800% bri ha. Eska network bht acha ha ku k Yeh Multiple chains pe kaam kerta ha esi liye yehan transactions bht fast hoti han or fees bi bht kum ha. Eski price $100 tak ja sakti ha. Mein esko jub se buy ker reha houn jub yeh $5 pe tha.
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I don't think it will kill Ethereum, it just becomes another possibility to run transactions on. It will become a competitor but it will not kill Ethereum.
It will be another alternative chain for ethereum and that's the only thing that can be achieved by DOT. It's quite impossible for DOT to replace ethereum as the best smartcontract platform. People are putting ethereum as the best choice for the tokenization purpose and defi development. They will not try to move into the another platform. Some projects that decided to build their dapps on DOT just wanna to get the ride for the hype. You are right that it will not be easy for Polkadot to replace Ethereum because a Huge number of Alt coins have created their smart contracts on Ethereum network that is why there is congestion and we have to pay huge Gas and Transaction fee. Scalability is another issue which Ethereum IT team is trying to resolve but so far no significant improvement has been witnessed. Polkadot works works on Multiple chain concept that is why transactions are executed fast on its network. Polkadot dot has made huge progress during past one year Now it stands on Rank # 4 on coinmatketcap which is great achievement.
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